Elliott Wave Analysis of Wipro Ltd

Elliott Wave analysis of Wipro (WIT) should have warned you that the stock was close to a near term top. A five wave move was completed at 450.45 on Feb 10th, and the Goldman Sachs downgrade was the trigger for the ordinary investor to sell. But as you are a believer...

Elliott Wave Analysis of EUR/USD (EURUSD=X) – ccy

In my last Elliott Wave analysis of EUR/USD (EURO) published on 9th January 2012, I had suggested that traders should look to cover any shorts they may be running close to 1.2600 because there was a reasonably good chance to recover from there. I also pointed out an...

Elliott Wave Analysis of Saudi Arabia’s TASI Index

Saudi Arabia’s TASI indexMy last Elliott Wave analysis of Saudi Arabia’s TASI index was back in July 2011, and a lot has happened since then. The index has powered ahead from a low of 5795 posted in August 2011 to the current level of 6780, a handsome 17% gain....